Investors Buy High Volume of Put Options on Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the recipient of some unusual options trading activity on Thursday. Stock traders purchased 16,809 put options on the company. This represents an increase of approximately 155% compared to the typical daily volume of 6,585 put options.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

Several hedge funds have recently bought and sold shares of the business. One Plus One Wealth Management LLC lifted its stake in shares of Amplify Junior Silver Miners ETF by 25.5% in the first quarter. One Plus One Wealth Management LLC now owns 1,315,463 shares of the company’s stock worth $13,063,000 after buying an additional 266,916 shares in the last quarter. Monaco Asset Management SAM lifted its stake in shares of Amplify Junior Silver Miners ETF by 65.1% in the fourth quarter. Monaco Asset Management SAM now owns 619,000 shares of the company’s stock worth $6,190,000 after buying an additional 244,000 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Amplify Junior Silver Miners ETF by 21.8% in the first quarter. Commonwealth Equity Services LLC now owns 489,507 shares of the company’s stock worth $4,861,000 after buying an additional 87,569 shares in the last quarter. Cetera Advisors LLC bought a new position in shares of Amplify Junior Silver Miners ETF in the first quarter worth approximately $800,000. Finally, HTLF Bank bought a new position in shares of Amplify Junior Silver Miners ETF in the fourth quarter worth approximately $733,000.

Amplify Junior Silver Miners ETF Stock Down 2.4 %

Shares of SILJ stock opened at $11.56 on Friday. The business’s fifty day moving average is $11.72 and its 200 day moving average is $10.18. The stock has a market cap of $871.62 million, a price-to-earnings ratio of 0.87 and a beta of 1.29. Amplify Junior Silver Miners ETF has a twelve month low of $7.80 and a twelve month high of $13.12.

Amplify Junior Silver Miners ETF Company Profile

The ETFMG Prime Junior Silver Miners ETF (SILJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a modified market-cap-weighted index of small-cap silver mining and exploration companies. SILJ was launched on Nov 28, 2012 and is managed by ETF Managers Group.